8006–8008 Blackburn Ave, Los Angeles, CA 90048
About the Property
8006 Blackburn Ave is a 10-unit Beverly Grove multifamily property located one block south of W. 3rd Street, positioned between Fairfax Ave and La Cienega Blvd. This stretch of Beverly Grove remains one of Los Angeles’ most consistently leased rental pockets, driven by walkability, proximity to The Grove and Beverly Center, and direct access to some of the city’s strongest retail, dining, and lifestyle corridors.
The property sits on a quiet residential street while remaining steps from W. 3rd Street, where tenants have immediate access to restaurants, cafés, fitness studios, boutique retail, and nightlife that define the Beverly Grove living experience.
Completed Seismic and Infrastructure Upgrades With Interior Upside Remaining
8006 Blackburn has undergone several meaningful capital improvements that materially reduce near-term ownership risk. The building has completed its soft-story seismic retrofit and has been upgraded with copper plumbing and new windows. These improvements address key infrastructure items that buyers often need to budget for separately and allow future capital to be focused primarily on interior repositioning.
The exterior and common areas are well maintained, creating a clean baseline from which an investor can execute a thoughtful interior renovation strategy over time.
Below-Market In-Place Rents Supported by Renovated Beverly Grove Comparables
In-place rents at 8006 Blackburn remain meaningfully below market compared to renovated 1-bedroom and studio units in the immediate Beverly Grove area. Renovated product nearby continues to demonstrate strong tenant demand and rent resilience, providing clear support for future rental growth as units naturally turn
Predominantly 1-Bedroom Unit Mix With Parking and On-Site Laundry
The property consists of a desirable unit mix anchored by 1-bedroom apartments, supplemented by studio units that align well with Beverly Grove renter demand. Units feature functional layouts that lend themselves well to renovation and modernization. Property amenities include an on-site laundry room, five tandem parking spaces, and a shared outdoor area that adds utility for tenants in an otherwise dense, urban setting.
Walkable Beverly Grove Location Between Fairfax and La Cienega
8006 Blackburn benefits from one of the strongest walkable locations in the Beverly Grove submarket. Tenants are within blocks of The Grove, Beverly Center, and the W. 3rd Street corridor, offering daily convenience without reliance on long commutes.
The property also provides efficient access to West Hollywood, Mid-Wilshire, Hollywood, and Beverly Hills, reinforcing its appeal to renters who prioritize centrality and lifestyle over longer suburban trade-offs.
Core Beverly Grove Asset With Executable Value-Add Strategy
8006 Blackburn Ave presents the opportunity to acquire a well-located Beverly Grove multifamily property with completed seismic and infrastructure upgrades, a strong unit mix, and clear rental upside supported by nearby renovated comparables. With below-market in-place rents, parking, and walkability to W. 3rd Street, the property offers a disciplined value-add profile anchored in fundamentals that continue to perform in one of Los Angeles’ most established rental neighborhoods.
Marketing Package:
Property Location
Sold Price
$2,895,000
Information
Number of Units
Price per. Unit
Bldg. Size
Price per Foot
Lot Size
Year Built
Current CAP
Market CAP
Zoning
Discuss Your Property with a Los Angeles Multifamily Broker
Whether you are thinking about selling now or simply exploring possibilities, we are happy to review your property, discuss current value, and share perspective on how the market is treating assets like yours today.
